Market Based Solutions for Financing Philanthropy (Des solutions de marche pour financer la philanthropie)
University of St. Gallen
August 1, 2006
Points de vue, pp. 64-70, 2006
This paper argues that there is an inefficient capital market for social finance, at the levels of the state, the nonprofit sector and the private sector. Traditional banks are not involved, and the potential efficiencies that the private sector could offer are not currently brought into play in any significant way. This paper outlines some of the key aspects of a more efficient social financial services industry. This requires:
- Creating mechanisms that bring full transparency to the market
- Creating transparency by drawing together players that can aggregate demand on clear platforms where the risk can be defined to the best available abilities
- Engaging the corporate sector in tandem with the citizen sector, nonprofit organizations, and civil society organizations
- Ensuring effective implementation of the processes to address social issues
Note: Downloadable document is in French.
Number of Pages in PDF File: 4
Keywords: Social entrepreneurship, financial services, social finance, ubs, ashoka, philanthropy
JEL Classification: L31Accepted Paper Series
Date posted: January 5, 2009 ; Last revised: January 12, 2009
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